The median turnover rate for professional caregivers jumped two percentage points, from 77.1% in 2022 to 79.2% in 2023, according to the 2024 Activated Insights Benchmarking Report (formerly Home Care Pulse). This marks the highest turnover rate since 2018, where turnover peaked at 81.6%. According to the report, almost four out of every five caregivers will turnover within their first 100 days on the job – a staggering statistic for an industry struggling with recruitment and retention of caregivers since the COVID-19 pandemic and beyond. HCAOA works hard every day to provide members with exclusive access to unique resources and partnerships that can assist agencies with the challenges they face every day. In fact, the benchmarking report also found that HCAOA member agencies generate 57% more revenue than non-members, thanks to the resources we provide to members.
Here are just a few to get you started to hire the best caregivers:
Click here and log in for a full list of exclusive benefits available to members. And be sure to join HCAOA and Hellohire for an insightful webinar on July 25 focused on supercharging your hiring process.
2 Comments
Diana Reda
7/17/2024 12:58:33 pm
I'm interested to learn more about recruiting caregivers.
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7/18/2024 04:24:04 pm
Why reducing the physical demands of caregivers....MATTERS!
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